IELTS Some think that climate change reforms will negatively affect business. Others feel they are an opportunity for businesses. Discuss both sides and give your own opinion.

Some would argue that initiatives to combat
climate
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change will have a negative impact on
businesses
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,
while
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others believe that they are a chance for
businesses
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.
Although
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these measures may
initially
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put pressure on
companies
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, they are ultimately beneficial as they encourage sustainable practices and open new markets. On the one hand,
climate
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change
reforms
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may affect
companies
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negatively because of the high operating costs.
Businesses
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may have to invest in eco-friendly technology or pay carbon taxes, which will lead to a reduction in their profits.
For instance
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, Harvard University has recently reported that 72% of firms around the world experienced a significant decrease in their profits because of the
climate
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policy
reforms
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.
However
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, I believe that
this
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is just a temporary problem, and it will vanish over the years.
On the other hand
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, many argue that
climate
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reforms
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actually create opportunities for
businesses
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. With increasing public awareness of environmental issues, consumers now prefer sustainable products, which allows
companies
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to attract new markets by adopting green practices.
For example
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, firms that shift to renewable energy or recyclable packaging often gain a competitive advantage and enhance their reputation.
Moreover
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, the growth of renewable energy, electric vehicles, and eco-friendly technologies has created entirely new industries, generating employment and long-term profits.
Thus
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,
climate
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reforms
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can act as a driver of innovation and sustainable economic development. In conclusion,
while
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climate
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change
reforms
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can place financial pressure on
companies
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, they
also
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open the door to new markets and sustainable growth. In my view, these
reforms
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should be seen as opportunities rather than threats, and
businesses
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that adapt early will be the ones that succeed in the future.

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planning
State your view clearly in the intro and say it again in the end.
evidence
Use only true or clearly stated facts. If you use a fact, make it easy to check.
coherence
Link ideas with simple cause and result words (because, so, as a result).
grammar
Check small grammar mistakes and try to use plain words.
lexical
Keep to short, easy words and avoid long or tricky words.
structure
Clear move to talk about both sides.
coherence
Good use of 'on the one hand' and 'on the other hand'.
task response
Ends with a clear view that matches the task.

Your opinion

Don’t put your opinion unless you are asked to give it.

If the question asks what you think, you MUST give your opinion to get a good score.

Don’t leave your opinion until the conclusion.

Here are examples of instructions that require you to give your opinion:

...do you agree or disagree?...do you think...?...your opinion...?

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